Two foreign workers received awards for their contribution to Korea’s shipbuilding industry, during the celebration of the 20th Shipbuilding and Offshore Day hosted on Wednesday by the Ministry of Trade, Industry and Energy and the Korea Shipbuilding & Offshore Association (KOSHIPA). Chomdaeng Komkrit, a Thai national who has worked as a subcontracted welder at Samsung Heavy Industries’ shipyard on Geoje Island in South Gyeongsang Province since 2014, was recognized for his very low error rates. He has also helped his colleagues reduce their error rates. Hewawasam Meegallalage Nalinda Kumara, who ...

China’s shipbuilding industry recorded sound development in the first eight months, with robust growth in output, new orders and holding orders, helping the sector emerge as a formidable force propelling the country’s industrial expansion, said a government official this week. Fueled by technological accumulation and industrial upgrading, China saw new orders — a major indicator within the shipbuilding industry — account for 68.8 percent of the global market share during the eight-month period, said the Ministry of Industry and Information Technology. The ministry said China’s shipbuilding output accounted for 49 ...

South Korea’s HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in the development of methanol engines, considered a future environmentally friendly fuel. According to industry sources on Friday, HD Hyundai Heavy Industries’ Engine Machinery Business Unit recently signed a contract with Tsuneishi Shipbuilding to supply the HiMSEN engine (8H32DF-LM) running on methanol as a dual fuel and a selective catalytic reduction (SCR) device for nitrogen oxides as a package. This engine will be applied to a total of ...

Ascenz Marorka, a GTT Group company, announces that its advanced weather routing solution has been selected by Clean Products Tankers Alliance (CPTA) to equip its entire fleet. CPTA, a Joint Venture between Austral Product Tankers, International Seaways and a world leading medium-range product tanker pool, operates approximately 20 vessels. The Ascenz Marorka weather routing solution defines optimal shipping routes by integrating multiple operational, economic and environmental variables, while taking into account a wide range of operational and regulatory constraints. This technology is compatible with various vessel types and propulsion systems, ...

South Korea’s Samsung Heavy Industries said on Thursday that it has developed the maritime sector’s first laser high-speed welding robot, aimed at substantially enhancing the productivity of constructing liquefied natural gas (LNG) carriers. The new technology specializes in quickly welding membrane panels used in the cargo holds of LNG carriers. These membranes are made of thin stainless steel layers that come into direct contact with the ultra-low-temperature liquid natural gas. Compared to traditional plasma arc welding (PAW) methods, which take approximately five minutes to weld a 2-meter-long membrane panel, the ...

GTT announces that it has received an order from its partner Dalian Shipbuilding Industry Co. Ltd. for the tank design of three new Liquefied Natural Gas Carriers, on behalf of China Energy. GTT will design the tanks of these three vessels, which will each offer a capacity of 175,000 m3. The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT. The delivery of the vessels is scheduled for the first half of 2027 and the first quarter of 2028. Source: GTT

South Korea’s Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country’s top bulk shipping firm, to develop a digital ship management platform based on digital twin technology. According to the MOU, Samsung Heavy Industries aims to debut this cutting-edge platform on Pan Ocean’s 174,000 cubic meter LNG carrier, New Apex, by Jan. 2024. Utilizing artificial intelligence (AI) technologies, the platform will provide real-time analytics for ship operations, enabling an integrated management approach for all onboard systems and equipment. ...

PMNZ, situated at the top of New Zealand’s South Island, operates the region’s port and marinas, and facilitates the operation and growth of some of Marlborough’s most significant industries. These include recreational boating, forestry, wine, aquaculture and domestic and international tourism including cruise. Damen’s new ASD 2111 will provide an important boost in towage capability in Picton Harbour, from where the inter-island passenger and freight ferries operate. New ferries will soon link the nationally significant road and rail networks between the North and South Islands. Damen’s new Compact Tugs product ...

Concordia Damen recently delivered a special project: the conversion of a Dutch barge into a Nigerian dredger. The TSHD (Trailing Suction Hopper Dredger) ‘Sayonara’ has now arrived and is at work on the Lagos lagoon. Three years ago, the Werkendam shipyard came into contact with a Nigerian dredging company via Damen Shipyards Gorinchem. This eventually led to the start of the complex conversion project in December 2021. After extensive testing to ensure that the vessel, once in Nigeria, would not experience any teething problems, Jumbo-SAL-Alliance’s HLV Fairplayer transported the special ...

HD Hyundai CEO Kisun Chung is propelling the eco-friendly shipbuilding market forward, as evidenced by his recent participation in the naming ceremony of the world’s first methanol-powered container ship. HD Hyundai announced that CEO Chung attended the naming ceremony of the 2,100 TEU-class methanol-powered container ship, “Laura Maersk,” in Copenhagen, Denmark, on September 14. Built by Hyundai Mipo Dockyard, this vessel is a milestone as the first of 19 methanol-powered ships ordered by global shipping giant A.P. Moller-Maersk (referred to as “Maersk”). It marks the world’s inaugural container ship using ...

Chinese shipyards have accumulated their largest number of LNG newbuild orders till date, positioning them in coming years as an alternative to South Korean yards who currently dominate the LNG ship construction space. While Chinese yards have been successful in expanding the market share in other ship types such as crude and refined product tankers, and dry bulk vessels, the LNG carrier space has been elusive due to the need for more technological and shipbuilding expertise. The main Korean yards such as Samsung Heavy Industries, Hyundai Heavy Industries and Daewoo ...

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, while refuting the false reports appearing through the stock market. “Investors are advised to exercise caution due to the recent fake news that STX’s biggest shareholder is a Chinese fund,” the trading company stated on Thursday. The company’s top shareholder is Seoul-based investment manager APC Mercury Co., holding a 46.1% stake as of the end of August. The private equity firm is not backed by a Chinese fund, and STX’s critical decision-making processes ...

SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs. The agreement follows a successful engineering and design study between the companies demonstrating the technical feasibility and commercial readiness of CO2 capture technology offshore. The CO2 capture solution will apply MHI’s proprietary “Advanced KM CDR Process™” technology, jointly developed with The Kansai Electric Power Co., Inc. The ...

As the world’s largest luxury passenger cruise ship in terms of tonnage embarked on its voyage in the Mediterranean, a counterpart of equal magnificence was standing prepared for delivery along the Pearl River in south China. Behind these marvels is the Guangzhou Shipyard International Company Limited, the manufacturer of the vessels. “In the first half of this year, the orders of our company surged by 90 percent year on year, and we have production orders booked until 2028,” said Zhang Qinghuan, deputy secretary of the company’s Party committee. The ability ...

Consortium seeks to lower commercial barriers against green energy transition through quality shipbuilding, flexible financing and customer access Cyan Renewables today, together with its consortium of six other partners, announced the launch of a green energy consortium to jointly design and develop electric harbour craft operations in Singapore. Led by Cyan Renewables, the consortium comprises Bureau Veritas Marine, PSA Marine, Strategic Marine and technology providers SeaCabbie, Sea Forrest and Victory. The consortium, formed to participate in the Maritime and Port Authority of Singapore (“MPA”)’s call for proposal to develop electric ...